Yinson’s Agogo FPSO vessel starts work


The company said the total contract value is in excess of US$5bil.

PETALING JAYA: Yinson Production has announced that the 15-year firm charter for the Agogo floating production storage and offloading (FPSO) vessel has officially commenced, following the issuance of the Provisional Operational Readiness Certificate (PORC) on Aug 12.

The company, an independent owner and operator of FPSO vessels worldwide, said the Agogo FPSO had earlier achieved first oil on July 29, 2025 – four months ahead of the original schedule and 29 months after the contract award.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer

Others Also Read